Thank you for your continued support and confidence in RMS.
Hoping the Year of the Snake brings you joy, prosperity and happiness.

As the world continues to embrace globalization, cross-border trade has emerged as a significant opportunity for businesses, particularly in the ASEAN region. Countries like Thailand, Indonesia, Laos, and Vietnam are becoming increasingly attractive markets for local SMEs looking to expand. As the Hong Kong government actively fosters partnerships with these emerging markets, businesses are eager to grow. However, navigating the complexities of international trade can be challenging. A recent case study highlights how RMS skillfully navigated these challenges by successfully helping a local SME recover debts from an Indonesian debtor in the used mobile phone sector.

The rapid growth of internet technology has made e-commerce increasingly popular worldwide, allowing consumers to conveniently access a wide range of global products from a single platform. As we witness the remarkable growth of cross-border e-commerce, it’s clear that businesses are facing a host of challenges that complicate online marketing, logistics, and risk management. A recent case study illustrates how RMS effectively navigated these complexities, successfully assisting an e-commerce platform in recovering debts from a beverage vendor. 

Thank you for your continued support and partnership.

Wishing you a Merry Christmas & Happy New Year from all of us at iQor!

​In today’s rapidly evolving business landscape, online promotion has become an essential component of commercial success. Companies are increasingly leveraging digital platforms to reach broader audiences, with online advertising playing a crucial role. However, this surge in online business comes with its own set of challenges, especially when it comes to managing accounts receivable, particularly for overseas clients. This case study illustrates a company specializing in online advertising services that faced significant challenges with accounts receivable, particularly from international customers.

Mainland China has long been the HKSAR’s largest business partner, offering vast domestic demand and strong purchasing power. The growing market in the Greater Bay Area provides a convenient entry point for Hong Kong businesses to expand their sales, making mainland China an invaluable market resource. Many Hong Kong businesses have already established operations in various industries within mainland China, benefiting from a thriving business environment. However, whether dealing with domestic sales or exports, Hong Kong businesses face customer risks due to different trade partners and lower transparency in mainland China’s credit system. While tools like credit insurance can help manage these risks, Hong Kong businesses must understand the latest company laws and account management methods in mainland China. This knowledge ensures smooth business operations and better protection of receivables, helping to avoid bad debts.

Hong Kong companies are facing significant uncertainties amid the Sino-US trade battle and the slow recovery from the pandemic. They are under scrutiny on cross border trade and encountering high tariffs imposed by western countries such as the European Union and the United States. Additionally, stiff competition from Southeast Asian countries has been intensified. Nevertheless, Mainland China's diversified development and expanding industrial supply chains present great business opportunities for Hong Kong enterprises. Furthermore, Mainland China being Hong Kong’s largest trading partner and the world’s biggest consumer market, it creates ample untapped potential. To address these challenges and opportunities, this seminar will provide an overview of the latest updates to Company Law of the People's Republic of China and share an update of the global Collectability Index, offering insights and intelligence for businesses when trading with China.

Hong Kong enterprises are currently experiencing a transformation in their economic structure. As the city sees a substantial outflow of its workforce and an influx of numerous talents and enterprises, the global trade landscape is undergoing a shift. In face of both opportunities and risks surrounding the market shift, Hong Kong enterprises are deemed necessary to keep up with the changing post-pandemic economic recovery and market trends. Amid the transition, the key operational concern is how to select partners properly and manage accounts receivable. This seminar will utilize iQor RMS's global collectability index and its exclusive big data analysis to provide insights on enterprise risk management and current market conditions. It aims to provide businesses of all sizes with valuable techniques to prevent the risk of overdue accounts receivable and explore effective strategies for addressing international trade debt issues.

Happy Chinese New Year!

Thank you for your continued support and confidence in RMS.
Hoping the Year of Dragon brings you joy, prosperity and happiness.
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RMS wishes you a Merry Christmas and a prosperous New Year!

Thank you for your trust and support over the past year. All RMS employees are committed to keep providing professional accounts receivable management services to our customers.

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